Cancom Balance Sheet Health
Financial Health criteria checks 6/6
Cancom has a total shareholder equity of €744.6M and total debt of €17.6M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are €1.5B and €764.2M respectively. Cancom's EBIT is €32.3M making its interest coverage ratio -32.8. It has cash and short-term investments of €180.4M.
Key information
2.4%
Debt to equity ratio
€17.61m
Debt
Interest coverage ratio | -32.8x |
Cash | €180.42m |
Equity | €744.58m |
Total liabilities | €764.21m |
Total assets | €1.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COKD's short term assets (€890.7M) exceed its short term liabilities (€544.4M).
Long Term Liabilities: COKD's short term assets (€890.7M) exceed its long term liabilities (€219.8M).
Debt to Equity History and Analysis
Debt Level: COKD has more cash than its total debt.
Reducing Debt: COKD's debt to equity ratio has reduced from 2.4% to 2.4% over the past 5 years.
Debt Coverage: COKD's debt is well covered by operating cash flow (603%).
Interest Coverage: COKD earns more interest than it pays, so coverage of interest payments is not a concern.